Listing provided courtesy of NAI Wisinski of West Michigan- MLS# 26026463
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5990 Venture Park DriveKalamazoo, MI 49009
Commercial · 2 Full Baths · 6,800 Sq. ft. | 1.24 Acres$899,900
Active
5990 Venture Park Drive Overview
- Time on Site:
- 28 days
- Visits:
- 0
Owner-user opportunity on Venture Park Drive, just off Stadium Drive in Oshtemo Township. This 6,800 SF office building sits on 1.236 acres in a market with limited opportunities for building ownership. The property is currently configured for a single tenant, but was previously occupied by two tenants and could be converted back to a multi-tenant layout, offering flexibility for an owner-user that may want to occupy all or a portion of the building. The building includes a functional mix of private offices, meeting rooms, open work areas, break room, storage, and 22 on-site parking spaces, equating to approximately 3.23 spaces per 1,000 SF. The existing tenant's lease runs through June 2027, providing a defined timeline for a future owner-user to plan for occupancy while benefiting from interim income during the remaining lease term.
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5990 Venture Park Drive Facts & Features
- Type Commercial
- Sq. ft. 6,800
- Price/Sq.ft. $132
- Lot 1.24 Acres
Details
General
Building Information
- New Construction: No
- Year Built: 1998
Location/Region
- County Or Parish: Kalamazoo
Tax Information
- Tax Annual Amount: 24493.0
General Information
- Parcel Number: 05-25-153-150
- Property Sub Type: Office
- Property Type: Commercial Sale
Interior
Beds/Baths
- Bathrooms Full: 2
- Bathrooms Total: 2
Building Interior
- Building Area Total: 6800.0
General Information
- Stories Total: 1
Exterior
Lot Information
- Lot Size Acres: 1.24
- Lot Size Area: 1.24
- Lot Size Dimensions: Irregular
- Lot Size Square Feet: 53840.0
- Lot Size Units: Acres
Waterfront/View
- Waterfront: No
Building Exterior/Construction
- Construction Materials: Brick
General Information
- Number Of Units Total: 1
- Utilities: Phone Available,Natural Gas Available,Electricity Available,Cable Available,Phone Connected,Natural Gas Connected,Electricity Connected,Cable Connected
5990 Venture Park Drive Neighborhood
Community
49009 (Kalamazoo) Demographics
37
Median Age
449
Population Density (per sq. mile)
59%
College Educated
$73,278
Estimated Median Income
12,270
Estimated Total Home Owners
6,278
Estimated Total Renters
66% / 34%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Schools
School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.5990 Venture Park Drive Monthly Cost
5990 Venture Park Drive Market Data
Based on the last 30 days in this zip code
$526,641
Average List Price
$197
Average Price per Square Foot
42
Properties Sold
52
Average Days on Market
368
Properties for Sale